VIC is a private, for-profit technology venture development firm in the business of 1) forming new technology companies with the purpose of commercializing licensed technologies, 2) providing an extensive business development team to provide the initial business leadership and other support for the formed companies, and 3) providing management/corporate services to those portfolio companies on a pro-rata cost basis. The company has an experienced business development team that researches emerging technology opportunities at university and federal labs. More uniquely, the company provides management and administrative support on a pro-rata basis to its portfolio; allowing them to add full time staff only when they are sufficiently established in each functional area to justify permanent team members. The VIC HQ staff provides an active business development team with a breadth and depth of experience that is unattainable for most start-up companies and can be rapidly scaled-up and scaled-down as needed to support the company with minimum cash burn.